National Retail Federation news and archive

Omnichannel the hot topic at NRF 2019

The world’s tech, finance, and entrepreneurs collide every year at the National Retail Federation conference. The buzzword this season was omnichannel. As retailers work to integrate everything across all their platforms from brick-and-mortar to e-commerce, tech companies, consultants, and investors are responding rapidly. Swiss outdoor brand...

Retail

Halloween shoppers spend more on costumes yet buy more candy, study shows

Halloween sales are on track to reach 9 billion dollars across the United States, according to the National Retail Federation’s annual survey. Conducted by Prosper Insights & Analytics, the survey shows that over 175 Americans are planning take part in Halloween celebrations, each spending an average of 86.79 dollars on the seasonal festivities....

Retail

Primark tops National Retail Federation’s list of fastest-growing retailers

The National Retail Federation (NRF) has unveiled its 2018 list of the 100 fastest-growing retailers in the United States. With a sales growth of 103 percent in 2017, compared to 2016, Primark managed to score the first place on NRF’s list. The British fast fashion retailer first landed in the US in 2015. Since then, it’s opened eight more...

BusinessFeatured

NRF supports Obamacare repeal

The National Retail Federation has announced its support for the repeal of President Obama's Affordable Care Act. House Republicans unveiled their proposed repeal and replacement plan this week, much to the ire of those on both the Republican and Democratic sides of the aisle. “Retailers want reforms that push us toward a more competition-driven...

Retail

British retailers encouraged to take advantage of the 4th of July

London - Paypal UK is encouraging British online retailers to try and tap into the upcoming spending spree taking place in the run up to the 4th of July, the United States Independence Day, as its slated to become the next big international shopping holiday following Chinese New Year and Single's Day. The National Retail Federation in the US...

Business|REPORT

U.S. Apparel Retailers Report Mixed August Sales

A sampling of U.S. apparel retailers on Thursday reported mixed sales at established stores for the pivotal back-to-school shopping month of August. Consumers tightened their back-to-school budgets for traditional items like clothing while shifting their spending toward big, infrequent purchases such as new vehicles. Mall traffic was not quite...

Retail

Galeries Lafayette wins best international retailer of the year

French department store retailer Galeries Lafayette was named the Best International Retailer of the Year by the National Retail Federation at the Retail’s Big Show 2015. The accolade is given to a company that has achieved retail excellence in its native country as well as internationally, was accepted by Galeries Lafayette’s executive chairman...

RetailFeatured

Christmas return fraud to cost US retailers over 3.8 billion dollars

An increasing number of US consumers are willing to return unwanted gifts, with an estimated 64.67 billion dollars of presents expected to be returned this holiday season. According to a recent survey from the National Retail Federation (NRF), over one fifth of all returns occur during the festive season. However, unwanted gift returns are not...

Fashion

US retailers set up anti cyber attack group

In a bid to strengthen retailers against cyber attacks, a new industry group aimed at collecting and sharing intelligence is being launched in the US. The news comes following the 2013 attack on Target. The National Retail Federation said on Monday it will establish an Information Sharing and Analysis Center (ISAC) for the retail industry in...

Apparel

US retailers vow to protect customer data

European consumers can scarcely recall the time when purchasing goods by debit or credit card required only a signature. Strangely, in the USA, all it takes to secure a transaction is often just a swipe of your card. Now US retailers want to adopt the Chip and Pin method in a bid to protecting customers’ personal data. "The National Retail...

Fashion

Americans spend over 700 USD with Christmas

The average spend is forecast to be $14 less than last year, what makes of the individual Christmas budget some expenditure about $704.18 per person. Therefore, festive season consumer spending will decrease, according to the NRF's 2011 Holiday Consumer Intentions and Actions Survey. "It's easy for consumers to set a budget when it comes to...